Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$551,680$551,680$656,954
Remaining term (yrs)27.927.930.0
Secondary amount$0$105,274$0
Funding fee$2,758$2,758$0
Note rate6.470%6.470%7.400%
Blended rate6.470%6.715%7.640%
1st payment$3,555.05$3,555.05$4,548.62
2nd payment$0.00$701.83$0.00
Taxes / mo$608.29$608.29$608.29
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.39
HOA / mo$575.00$575.00$575.00
Total monthly$4,955.01$5,656.83$6,079.97
Cash to close$178,269$72,995$72,995